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The Bishops Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472521236 ✦ Wheeling, WV ✦ Designated as a 501(c)(3)

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Overview

What is The Bishops Fund Inc?

The Bishops Fund Inc, situated in Wheeling, West Virginia, is a nonprofit organization that supports the Roman Catholic Bishop of the Diocese of Wheeling-Charleston. Their primary objective is to aid in providing pastoral care for the diocese and addressing the needs of its community. The organization's mission encompasses supporting various organizations, as listed in the Catholic Directory, as well as those that adhere to the guidelines of Section 509(A)(1) or 509(A)(2) of the Internal Revenue Code. These organizations operate for religious, educational, charitable, scientific, or literary purposes. The Bishops Fund Inc plays a crucial role in contributing to the well-being of the Diocese of Wheeling-Charleston and its people in various capacities.

Is The Bishops Fund Inc legitimate?

The Bishops Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bishops Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Bishops Fund Inc?

The Bishops Fund Inc is organized to support various organizations that fall under the Diocese of Wheeling-Charleston, as listed in the current version of "The Official Catholic Directory." Its purpose is to aid in providing pastoral care, canonical administration of the faith, and charitable care for the people of the diocese. The corporation operates exclusively to benefit these organizations, which are primarily religious, educational, charitable, scientific, or literary in nature, as defined by the Internal Revenue Code. The Bishops Fund Inc's mission is to support these beneficiary organizations in their efforts to serve the community.

Who is the CEO of The Bishops Fund Inc?

Bishop Mark E Brennan is the Director/Treasurer of The Bishops Fund Inc.

What is the revenue of The Bishops Fund Inc?

The Bishops Fund Inc's revenue in 2020 was $610,059.

Who are the executives of The Bishops Fund Inc and what are their salaries?


Here are 3 key members and their salaries:


Lawrence Bandi (Director/Treasurer)
  • Compensation: $0
  • Related: $93,324
  • Other: $4,252
Bryan Minor (Director)
  • Compensation: $0
  • Related: $166,035
  • Other: $26,693
Bishop Mark E Brennan (Director/ Chairman/ Sole-Member)
  • Compensation: $0
  • Related: $41,360
  • Other: $16,554
Where can I find the form 990 for The Bishops Fund Inc?

The Bishops Fund Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of The Bishops Fund Inc

The Bishops Fund Inc is an organization with a mission to support the Roman Catholic Bishop of the Diocese of Wheeling-Charleston in his endeavors to provide pastoral care for the diocese, manage its canonical administration, and ensure the health, education, and charitable care of its people. In essence, The Bishops Fund Inc serves to aid and augment the functions of various organizations under the Diocese of Wheeling-Charleston, as well as those that fall under the categories of religious, educational, charitable, scientific, or literary purposes, as defined by the Internal Revenue Code. These organizations are listed in the current version of "The Official Catholic Directory" and are either incorporated under West Virginia state law or unregistered groups operating for these specified purposes.

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Impact




October, 2024

The Bishops Fund Inc plays a pivotal role in supporting the pastoral care and administration of the Diocese of Wheeling-Charleston. By providing essential resources, the organization enables the Roman Catholic Bishop to effectively deliver spiritual guidance, education, and charitable services to the community. The impact of this fund extends to nurturing the health, wellness, and educational opportunities for the people within the diocese, ensuring that both spiritual and practical needs are met. In fostering a network of support among various religious and charitable organizations, The Bishops Fund Inc enhances the overall quality of life for individuals in the region, promoting a strong sense of community and faith-based initiatives.




This information is meant to be a general summary of The Bishops Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$610,059 (2020)
Expenses
$8,803 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $610,059
  • Gross Receipts: $7,924,100

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2014

Principal Officer

Bishop Mark E Brennan

Main Address

1311 BYRON STREET, WHEELING, WV, 26003

NTEE Category

Code: X20 - Religion related

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